Abengoa Appoints Santiago Seage New CEO
May 19 2015 - 2:14AM
Abengoa (MCE:ABG.B/P SM) (Nasdaq:ABGB), informs that its Board of
Directors at the meeting held on May 18, 2015, accepted the
resignation as CEO by Manuel Sanchez Ortega for strictly personal
reasons.
During the same meeting, the Board unanimously approved the
appointment of Santiago Seage, who had previously resigned as CEO
of Abengoa Yield, as the new CEO with immediate effect.
Manuel Sanchez will continue in office as non executive first
vice chairman of Abengoa, and joins the International Advisory
Board of Abengoa.
During the next few days Manuel Sanchez and Santiago Seage will
hold meetings with investors in London, Boston and New York and
will work together during the transition period.
Abengoa Board appreciates the excellent work done by Manuel
Sanchez as CEO of the company over the last five years, during
which a thorough transformation process has been successfully
completed.
About Abengoa
Abengoa (MCE:ABG.B/P SM) (Nasdaq:ABGB) applies innovative
technology solutions for sustainability in the energy and
environment sectors, generating electricity from renewable
resources, converting biomass into biofuels and producing drinking
water from sea water. (www.abengoa.com)
CONTACT: Communication Department:
Patricia Malo de Molina Melendez.
Tel. +34 954 93 71 11
E-mail: communication@abengoa.com
Investor relations:
Ignacio Garcia Alvear.
Tel. +34 954 93 71 11
E-mail: ir@abengoa.com